Middle East & Africa Adaptive Traffic Control System Market Forecast to 2030
Middle East & Africa Adaptive Traffic Control System Market Forecast to 2030 – Regional Analysis – by Type (Hardware, Software, and Services), Component (OPAC, SCOOT, RHODES, and SCATS), and Application [Highways and Urban (Cities)]
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Description
Development of Smart Cities Fuels Middle East & Africa Adaptive Traffic Control System Market
Increasing demand for strong connectivity and developed infrastructure is raising investments in developing smart cities. Smart cities are technologically advanced urban areas which integrate a variety of sensors and electronic solutions which can help to gather data and utilize it for the betterment of the locality. It is also seen that along with smart cities, various countries are investing in developing smart roadways to provide a safe vehicle commute. Different types of sensors and hardware are deployed in smart roadways which helps to collect multivariate data that can be further used for traffic monitoring. This data can also be shared with vehicles traveling on the road, helping them to make informed decisions. In addition, vehicle manufacturers are also making IoT-enabled vehicles with sensors and devices that can help them gather various data. This vehicle data can be utilized to understand the congestion level at specific road sections, which can be further help to determine the average number of vehicles present at a specific point, and further estimate the traveling time for a vehicle. Based on such data, traffic on different lanes can be maintained, congestion can be predicted and avoided promptly, and the commuting time in urban areas can be lowered by 15–20%. Hence, the growing development of smart cities and increasing adoption smart roadways will provide lucrative opportunities for the growth of the Middle East & Africa adaptive traffic control system market during the forecast period.
Middle East & Africa Adaptive Traffic Control System Market Overview
The adaptive traffic control system in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Gulf countries are economically advanced and are continuously working on the development and implementation of smart traffic management systems on the road with real-time connectivity and automated technologies integrated within the vehicles. According to the International Organization of Motor Vehicle Manufacturers (OICA), vehicle sales in South Africa grew from 304,340 vehicles in 2021 to 363,696 vehicles in 2022; it increased by 19.5%. Also, in 2022, vehicle sales in Saudi Arabia and the UAE witnessed an increase of 9.2% and 9.3%, respectively, compared to 2021. This growth in vehicle sales is further increasing the traffic congestion in the region, which, in turn, is propelling the demand for adaptive traffic control systems in the Middle East & Africa.
Middle East & Africa Adaptive Traffic Control System Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Adaptive Traffic Control System Market Segmentation
The Middle East & Africa adaptive traffic control system market is segmented into type, component, application, and country.
Based on type, the Middle East & Africa adaptive traffic control system market is segmented into hardware, software, and services. The software segment accounted the largest share of the Middle East & Africa adaptive traffic control system market in 2022.
Based on component, the Middle East & Africa adaptive traffic control system market is divided into OPAC, SCOOT, RHODES, and SCATS. The SCATS segment held the largest share of the Middle East & Africa adaptive traffic control system market in 2022.
Based on application, the Middle East & Africa adaptive traffic control system market is bifurcated into highways and urban (cities). The urban (cities) segment accounted a larger share of the Middle East & Africa adaptive traffic control system market in 2022.
Based on country, the Middle East & Africa adaptive traffic control system market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa adaptive traffic control system market in 2022.
Aldridge Traffic Controllers Pty Ltd, EFKON India Pvt. Ltd, Johnson Controls International Plc, Kapsch TrafficCom AG, Kimley-Horn and Associates Inc, and No Traffic are some of the leading companies operating in the Middle East & Africa adaptive traffic control system market.
Summary Info
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According to the research team Market research, the Middle East & Africa adaptive traffic control system market was valued at US$ 403.62 million in 2022 and is expected to reach US$ 1,524.11 million by 2030 registering a CAGR of 18.1% from 2022 to 2030. Increasing urban population and vehicle sales and growing investment in roadway infrastructure are the critical factors attributed to the Middle East & Africa adaptive traffic control system market expansion.
The world’s population has increased more than three times than it was in the mid-twentieth century, which is increasing the migration of people from rural to urban areas for better jobs and lifestyles. The growing urban population puts high stress on the roadways, raising traffic congestion in urban cities. Also, the growing urban population has raised the demand for ride-hailing services from cab aggregators such as Uber, Grab, Ola, and Lyft, simultaneously surging the number of vehicles on the road, leading to traffic congestion. The growing urbanization has also led to the growth of e-commerce and on-demand platforms, leading to the growth of traffic in various urban areas, increasing the demand for adaptive traffic control systems to manage the traffic flow. The sales of vehicles are increasing tremendously. Thus, the growing urbanization and vehicle sales, which raise traffic congestion, propel the demand for adaptive traffic control system installations for traffic management.
On the contrary, increasing security threats hampers the Middle East & Africa adaptive traffic control system market.
Based on type, the Middle East & Africa adaptive traffic control system market is segmented into hardware, software, and services. The software segment held 57.4% share of Middle East & Africa adaptive traffic control system market in 2022, amassing US$ 231.87 million. It is projected to garner US$ 941.47 million by 2030 to expand at 19.1% CAGR during 2022–2030.
Based on component, the Middle East & Africa adaptive traffic control system market is divided into OPAC, SCOOT, RHODES, and SCATS. The SCATS segment held 47.0% share of Middle East & Africa adaptive traffic control system market in 2022, amassing US$ 189.71 million. It is projected to garner US$ 708.22 million by 2030 to expand at 17.9% CAGR during 2022–2030.
Based on application, the Middle East & Africa adaptive traffic control system market is bifurcated into highways and urban (cities). The urban (cities) segment held 72.9% share of Middle East & Africa adaptive traffic control system market in 2022, amassing US$ 294.44 million. It is projected to garner US$ 1,149.65 million by 2030 to expand at 18.6% CAGR during 2022–2030.
Based on country, the Middle East & Africa adaptive traffic control system market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 33.6% share of Middle East & Africa adaptive traffic control system market in 2022. It was assessed at US$ 135.61 million in 2022 and is likely to hit US$ 506.16 million by 2030 exhibiting a CAGR of 17.9% during 2022–2030.
Key players operating in the Middle East & Africa adaptive traffic control system market are Aldridge Traffic Controllers Pty Ltd, EFKON India Pvt. Ltd, Johnson Controls International Plc, Kapsch TrafficCom AG, Kimley-Horn and Associates Inc, and No Traffic, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa adaptive traffic control system market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa adaptive traffic control system market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Adaptive Traffic Control System Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Middle East & Africa Adaptive Traffic Control System Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Urban Population and Vehicle Sales
5.1.2 Growing Investments in Roadway Infrastructure
5.2 Market Restraints
5.2.1 Increasing Security Threats
5.3 Market Opportunities
5.3.1 Development of Smart Cities
5.4 Future Trends
5.4.1 Growing Adoption of AI in Traffic Management Systems
5.5 Impact Analysis of Drivers and Restraints
6. Adaptive Traffic Control System Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Adaptive Traffic Control System Market Overview
6.2 Middle East & Africa Adaptive Traffic Control System Market- Forecast and Analysis
7. Middle East & Africa Adaptive Traffic Control System Market Revenue and Forecast to 2030 – Component
7.1 Overview
7.2 Middle East & Africa Adaptive Traffic Control System Market Breakdown, By Application, 2022 and 2030
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware : Middle East & Africa Adaptive Traffic Control System Market- Forecast and Analysis
7.4 Software
7.4.1 Overview
7.4.2 Software : Middle East & Africa Adaptive Traffic Control System Market- Forecast and Analysis
7.5 Services
7.5.1 Overview
7.5.2 Services : Middle East & Africa Adaptive Traffic Control System Market- Forecast and Analysis
8. Middle East & Africa Adaptive Traffic Control System Market Analysis – By Type
8.1 Overview
8.2 Middle East & Africa Adaptive Traffic Control System Market Breakdown, by Type, 2022 and 2030
8.3 OPAC
8.3.1 Overview
8.3.2 OPAC : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
8.4 SCOOT
8.4.1 Overview
8.4.2 SCOOT : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
8.5 RHODES
8.5.1 Overview
8.5.2 RHODES : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
8.6 SCATS
8.6.1 Overview
8.6.2 SCATS : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
9. Middle East & Africa Adaptive Traffic Control System Market Revenue and Forecast to 2030 – Application
9.1 Overview
9.2 Middle East & Africa Adaptive Traffic Control System Market Breakdown, by Application, 2022 and 2030
9.3 Highways
9.3.1 Overview
9.3.2 Highways : Middle East & Africa Adaptive Traffic Control System Market- Forecast and Analysis
9.4 Urban (Cities)
9.4.1 Overview
9.4.2 Urban (Cities) : Middle East & Africa Adaptive Traffic Control System Market- Forecast and Analysis
10. Middle East & Africa Adaptive Traffic Control System Market – Country Analysis
10.1 Overview
10.1.1 Middle East & Africa Adaptive Traffic Control System Market, by Key Country
10.1.1.1 South Africa: Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 South Africa: Middle East & Africa Adaptive Traffic Control System Market, by Component
10.1.1.1.2 South Africa: Middle East & Africa Adaptive Traffic Control System Market, by Type
10.1.1.1.3 South Africa: Middle East & Africa Adaptive Traffic Control System Market, by Application
10.1.1.2 Saudi Arabia: Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Saudi Arabia: Middle East & Africa Adaptive Traffic Control System Market, by Component
10.1.1.2.2 Saudi Arabia: Middle East & Africa Adaptive Traffic Control System Market, by Type
10.1.1.2.3 Saudi Arabia: Middle East & Africa Adaptive Traffic Control System Market, by Application
10.1.1.3 UAE: Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 UAE: Middle East & Africa Adaptive Traffic Control System Market, by Component
10.1.1.3.2 UAE: Middle East & Africa Adaptive Traffic Control System Market, by Type
10.1.1.3.3 UAE: Middle East & Africa Adaptive Traffic Control System Market, by Application
10.1.1.4 Rest of Middle East & Africa: Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Rest of Middle East & Africa: Middle East & Africa Adaptive Traffic Control System Market, by Component
10.1.1.4.2 Rest of Middle East & Africa: Middle East & Africa Adaptive Traffic Control System Market, by Type
10.1.1.4.3 Rest of Middle East & Africa: Middle East & Africa Adaptive Traffic Control System Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Aldridge Traffic Controllers Pty Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 EFKON India Pvt. Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kapsch TrafficCom AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Johnson Controls International Plc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 No Traffic
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Kimley-Horn and Associates Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About Research Team
13.2 Word Index
LIST OF TABLES
Table 1. Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Table 2. South Africa: Middle East & Africa Adaptive Traffic Control System Market, by Component – Revenue and Forecast to 2030 (US$ Million)
Table 3. South Africa: Middle East & Africa Adaptive Traffic Control System Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 4. South Africa: Middle East & Africa Adaptive Traffic Control System Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 5. Saudi Arabia: Middle East & Africa Adaptive Traffic Control System Market, by Component – Revenue and Forecast to 2030 (US$ Million)
Table 6. Saudi Arabia: Middle East & Africa Adaptive Traffic Control System Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 7. Saudi Arabia: Middle East & Africa Adaptive Traffic Control System Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 8. UAE: Middle East & Africa Adaptive Traffic Control System Market, by Component – Revenue and Forecast to 2030 (US$ Million)
Table 9. UAE: Middle East & Africa Adaptive Traffic Control System Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 10. UAE: Middle East & Africa Adaptive Traffic Control System Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 11. Rest of Middle East & Africa: Middle East & Africa Adaptive Traffic Control System Market, by Component – Revenue and Forecast to 2030 (US$ Million)
Table 12. Rest of Middle East & Africa: Middle East & Africa Adaptive Traffic Control System Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of Middle East & Africa: Middle East & Africa Adaptive Traffic Control System Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Adaptive Traffic Control System Market Segmentation
Figure 2. Middle East & Africa Adaptive Traffic Control System Market Segmentation – By Country
Figure 3. Middle East & Africa Adaptive Traffic Control System Market Overview
Figure 4. Middle East & Africa Adaptive Traffic Control System Market, by Component
Figure 5. Middle East & Africa Adaptive Traffic Control System Market, by Country
Figure 6. MEA: PEST Analysis
Figure 7. Middle East & Africa Adaptive Traffic Control System Market, Ecosystem
Figure 8. Middle East & Africa Adaptive Traffic Control System Market: Impact Analysis of Drivers and Restraints
Figure 9. Middle East & Africa Adaptive Traffic Control System Market- Forecast and Analysis (US$ Million)
Figure 10. Middle East & Africa Adaptive Traffic Control System Market Breakdown, By Application, 2022 and 2030 (%)
Figure 11. Hardware : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Software : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Services : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Middle East & Africa Adaptive Traffic Control System Market Breakdown, By Type (2022 and 2030)
Figure 15. OPAC : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. SCOOT : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. RHODES : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. SCATS : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Middle East & Africa Adaptive Traffic Control System Market Breakdown, by Application, 2022 and 2030 (%)
Figure 20. Highways : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Urban (Cities) : Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Middle East & Africa Adaptive Traffic Control System Market, by Key Country– Revenue (2022) (US$ Million)
Figure 23. Middle East & Africa Adaptive Traffic Control System Market Revenue Share, by Key Country (2022 and 2030)
Figure 24. South Africa: Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Saudi Arabia: Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. UAE: Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Rest of Middle East & Africa: Middle East & Africa Adaptive Traffic Control System Market – Revenue and Forecast to 2030 (US$ Million)
The List of Companies – Middle East & Africa Adaptive Traffic Control System Market
o Aldridge Traffic Controllers Pty Ltd
o EFKON India Pvt. Ltd
o Johnson Controls International Plc
o Kapsch TrafficCom AG
o Kimley-Horn and Associates Inc
o No Traffic
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